A Health Savings Account (HSA) is like a personal savings account you can use to cover the cost of qualified expenses for you and your family. This in-depth guide will answer your top HSA questions, such as how to access an HSA, the benefits of HSAs for employers, and more!
With inflation increasing the cost of goods and services, many Americans are turning to holiday shopping events like Cyber Monday 2024, which falls on Dec. 2nd, to give their wallets some relief while buying presents.
How much do Americans spend on holiday shopping? This year, they are expected to spend 8% more—around $1.8k in total.1 With 28% of polled credit card users reporting that they are still paying off holiday debt from last year,1 planning is crucial to ensure the season of giving doesn’t leave you with more financial stress than holiday cheer.
The SECURE Act 2.0 has introduced many changes over the years, including new early withdrawal exceptions and updated required minimum distribution rules for retirement accounts. But more change is coming, as some provisions go into effect later years.